Category: Global News

Singapore ndollar-treasury yield correlation. Bloomberg Data Singapore’s dollar has emerged as Asia’s most-vulnerable currency to prospects of higher U.S. interest rates, driving a gauge measuring the relationship to a record high. The CHART OF THE DAY tracks the Singapore dollar and the benchmark U.S. 10-year yield since April 1995. The lower panel shows the 240-day […]

The U.S. is resuming its role as an engine of global growth, this time one that just putt-putts along instead of purring. As the International Monetary Fund declares the strengthening U.S. economy is providing a “major impulse” to the world, economists are questioning just how powerful it will prove to be. The U.S. contribution to […]

Mario Draghi will probably take action within two months against the threat of deflation, economists said. Almost two-thirds of respondents in the Bloomberg Monthly Survey predicted the European Central Bank president will ease policy by June. Of those economists, just under half said he may implement multiple measures ranging from interest-rate cuts to asset purchases and […]